Core Insights - JD's Qixian Kitchen has launched a nationwide partner recruitment plan to facilitate rapid expansion and has already established operations in five cities: Beijing, Shanghai, Guangzhou, Shenzhen, and Harbin, with plans to cover all second-tier cities by 2026 [1][2] Group 1: Business Model and Expansion - The shift to a light-asset model allows for quicker store openings and reduces financial and human resource risks for JD [2] - Qixian Kitchen will focus on supply chain management and standardization, while partners will handle local operations and site selection [1][2] - The recruitment plan targets key regions including Beijing-Tianjin-Hebei, Yangtze River Delta, and Pearl River Delta, with a goal to extend to other economically active second-tier cities [1][2] Group 2: Product and Service Development - Qixian Kitchen has updated its product offerings, including becoming the first online provider of meals for elderly care in Beijing and launching a "Senior Zone" in some stores [2] - Plans are underway to expand meal services to hospitals and schools, indicating a focus on community-oriented dining solutions [2] Group 3: Operational Efficiency - After six months of operation, Qixian Kitchen has improved efficiency significantly, with the ability to handle 600 meal orders during peak lunch hours [4][5] - The store has adjusted its workflow and staffing, reducing the number of employees needed to manage operations effectively [5] - Orders from platforms like Meituan and Taobao have increased by 30% since joining, reflecting growing demand [4]

Core Insights - The first national rural subsidy event in 2026 was launched in Jinan, aimed at stimulating rural consumption through direct subsidies and immersive offline experiences [1] - The event featured over 100 products from more than 30 mainstream brands, including Haier, Midea, and Huawei, focusing on home appliances and 3C digital products [1][3] - The initiative is part of JD's long-term strategy to enhance rural market engagement, with a planned investment of nearly 30 billion yuan in rural areas by 2025 [5] Group 1 - The event attracted significant consumer participation, with many villagers actively engaging in product consultations and experiences [3] - JD's offline stores in Jiyang also participated, offering additional promotions such as a rebate of 200 yuan for every 3000 yuan spent, with some products available at 50% off [3] - The selection of products tailored to rural needs, such as energy-efficient air conditioners and integrated washing machines, aligns with national green consumption goals and villagers' quality of life aspirations [5] Group 2 - JD provides comprehensive services including delivery, installation, and recycling of old appliances, addressing common concerns of rural consumers [5] - The establishment of a permanent "JD National Subsidy Exchange Station" in Jiyang aims to sustain the momentum of rural offline consumption [5] - The successful execution of the "National Subsidy Down to the Countryside" event is expected to enhance the intrinsic motivation for rural consumption and promote market growth [8]

Group 1 - The core idea of the news is that JD.com has launched the "Eternal Light" light performance certification report in collaboration with IGI International Gemological Institute to help consumers evaluate the brilliance of natural diamonds beyond the traditional 4C standards [1][3][4] - The certification focuses on optical dimensions such as brightness, fire, and contrast, providing a more intuitive rating for diamonds, thus enhancing consumer confidence in their purchases [3][4] - JD.com is offering limited-time promotions on certified diamonds in collaboration with brands like Xizuan, Zuokai, and Diamond Family, with discounts available from February 7 to February 14 [1][3] Group 2 - IGI International Gemological Institute is recognized for its rigorous scientific standards, promoting transparency and standardization in the diamond industry [7] - JD.com has been actively enhancing the diamond sector by introducing various initiatives, including a self-operated grading standard for lab-grown diamonds and offering services like cleaning, maintenance, and authenticity verification [7] - Future plans include deepening collaboration with IGI to expand the coverage of the "Eternal Light" certification and partnering with more quality jewelry brands to provide consumers with diamonds that balance quality and cost-effectiveness [9]

Core Insights - The internet dining market is rapidly growing due to increasing consumer demand for convenient, high-quality dining services, with a projected market size of approximately 1.38 trillion yuan by 2025, reflecting a year-on-year growth of 7.68% [1][12] - Government support for the internet dining sector is strengthening, with policies aimed at enhancing food safety and promoting the industry through initiatives like consumer vouchers [1][12] - The shift in consumer preferences towards quality and personalized dining experiences is driving the evolution of the internet dining market [1][12] Internet Dining Industry Overview - Internet dining is a new business model that reconstructs dining service processes through mobile internet technology, primarily categorized into online takeout and O2O dining [4] - Major online takeout platforms include Meituan Waimai, Taobao Shanguo, and JD Waimai, while O2O dining platforms include Dazhong Dianping and Weimeng [4] Industry Development History - Significant capital influx into the internet dining sector began in 2014, leading to rapid expansion of platforms like Ele.me and Meituan [4] - By 2017, the online takeout market surpassed 300 billion yuan, marking a 13.6-fold increase since 2011, with mobile payment coverage reaching 86% [4] Current Industry Status - China's dining revenue reached 4.67 trillion yuan in 2019, with a growth rate of 9.38%, but saw a decline in 2020 due to the pandemic [8] - The dining revenue is expected to reach 5.8 trillion yuan by 2025, growing at a rate of 4.06% [8] Internet User Growth - As of mid-2025, China's internet user base is projected to reach 1.12 billion, with an internet penetration rate of 79.7%, indicating strong growth potential for the internet dining sector [10] Competitive Landscape - The internet dining market is highly competitive, dominated by major platforms like Meituan and JD Waimai, which leverage significant capital investments to expand their market share [12] - Traditional dining businesses are increasingly entering the internet dining space, either by launching their own delivery services or partnering with existing platforms [12] Existing Challenges - The industry faces challenges such as food safety issues, high delivery time complaints, and increased pressure on small merchants due to rising commission rates [16] Future Trends - The industry is expected to undergo smart upgrades, focusing on AI and big data to enhance operational efficiency and customer experience [16] - A shift towards green practices is anticipated, promoting resource conservation and waste reduction [16] - Regulatory frameworks are expected to evolve towards more precise and real-time monitoring of food safety [16]

北职大机电工程学院院长黄敦华说，随着具身智能机器人产量不断提升，市场上对掌握机器人维修保 养、二次开发等技能的专业人才需求陡增，设立定向班的目的，就是为了让在校所学和产业所需无缝衔 接，学生毕业后就能直接上岗。他介绍，定向班为学生配备校内外"双导师"，动手实践课时占比超过 60%。 （来源：千龙网） 本市首个校企共建的具身智能机器人定向班，将在今年春季学期开班。昨天（6日），北京科技职业大 学和京东集团签约，启动具身智能机器人领域专业建设、课程开发、实习就业等合作。企业将把具身智 能机器人4S店"搬进"大学校园，引入机器人售后维修服务产业，定向培养高端技能人才，满足产业高速 发展新需求。 双方还将依托行业需求，优化专业设置与人才培养方案，开展师资队伍建设。企业选派技术骨干与专家 担任兼职教师，参与课程教学与实习指导，把行业最新技术和经验送进校园；高校教师将参与企业项目 研发，积累实践经验反哺教学。 北职大校长王伟表示，该校将通过深化产教融合、校企合作，一体推进教育科技人才发展，力争培养出 更多适应市场需求的高端技能人才。 "实训+生产"应用基地也将在北职大落户，将企业产品、订单、项目引入教学，既满足学生技能训 ...

Core Viewpoint - The Hang Seng Index (HSI) experienced a closing price of 26,985.57, reflecting an increase of 425.62 points or 1.60% [1]. Group 1: Market Performance - The Hang Seng Index (HSI) closed at 26,985.57, up by 425.62 points or 1.60% [1]. - The index reached a high of 26,989.63 and a low of 26,628.55 during the trading session [1]. - The trading volume was 47.8275 million shares, with an average price of 26,809.09 [1]. Group 2: Major Blue-Chip Stocks - Major blue-chip stocks mostly declined, with HSBC Holdings closing at 134.800 HKD, down 2.67% from the previous close [2]. - Tencent Holdings closed at 547.500 HKD, reflecting a decrease of 1.97% [2]. - Other notable declines included AIA Group, which fell by 5.54%, and Meituan, which decreased by 2.56% [3]. Group 3: Stock Price Movements - Tencent Holdings (00700) reported a price of 547.500 HKD, down by 11.000 HKD or 1.97% [3]. - HSBC Holdings (00005) closed at 134.800 HKD, down by 3.700 HKD or 2.67% [3]. - AIA Group (01299) saw a significant drop of 4.900 HKD, translating to a 5.54% decrease [3].

Market Overview - After three days of selling pressure, the US stock market experienced a significant rebound, with the S&P 500 index recording its largest single-day gain since May of the previous year, and the Dow Jones Industrial Average surpassing the 50,000 points mark for the first time in history [1] - The S&P 500 index rose by 1.97% to close at 6,932.3 points, the Nasdaq Composite increased by 2.18% to 23,031.21 points, and the Dow Jones Industrial Average climbed by 2.47% to 50,115.67 points [1] Key Stock Performances - Nvidia saw a single-day increase of over 7%, adding more than $320 billion to its market capitalization, while other cyclical/value stocks like Caterpillar, Goldman Sachs, and JPMorgan also attracted significant capital inflows [1] - Despite the overall market rally, Amazon's stock fell over 5% after announcing a capital expenditure of up to $200 billion for 2026, indicating skepticism about AI spending [4] - Major tech stocks showed mixed results, with Nvidia up 7.87%, Apple up 0.8%, Google-A down 2.53%, and Microsoft up 1.9% [6] Sector Movements - The precious metals sector, represented by silver, rebounded nearly 10%, while Bitcoin surged close to 12%, reflecting a risk-on sentiment in the market [3] - The semiconductor sector performed well, with AMD rising 8.28%, and companies supporting Amazon's chip production, such as Marvell Technology, increasing by 8.18% [6] Chinese Stocks Performance - Chinese stocks continued their strong performance, with the Nasdaq Golden Dragon China Index rising by 3.71%. Notable gains included Alibaba up 3.01%, JD.com up 2.75%, and NIO up 7.23% [7] Company-Specific News - Tesla is reportedly evaluating options to increase its solar production capacity, including expanding its Buffalo, New York plant to 10 gigawatts and potentially building additional factories in New York, Arizona, or Idaho [8] - The FDA announced plans to crack down on illegal GLP-1 drugs, impacting companies like Hims & Hers Health, which saw a post-market drop of over 13% [9] - Stellantis faced a significant decline of 23.69% after announcing a restructuring plan that would lead to a €22.2 billion loss due to a reduction in its electric vehicle business [10]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report highlights significant developments in the retail and e-commerce sector, including new store openings, strategic partnerships, and innovative service offerings that indicate growth potential in various segments of the market Sector Review Internet & E-commerce - Douyin is developing a group buying app called 'Dou Sheng Sheng' to enhance user convenience in in-store group buying, indicating a strategic move into local lifestyle services [5] - JD.com has launched national 'consumer goods trade-in' subsidies in 15 provinces, offering a 15% discount on select consumer electronics, which is expected to boost sales [6] - Tmall Global reported that 2,415 new overseas brands opened their first stores in 2025, reflecting a double-digit growth in store openings and a diverse global supply chain [7] Supermarkets & Hypermarkets - Freshippo's budget community supermarket, Chaohesuan NB, has opened its first store in South China, with plans to surpass 400 stores by the end of 2025, marking a significant expansion [8] Apparel - Anta has agreed to acquire a 29.06% stake in Puma, becoming its largest single shareholder, which is part of Anta's strategy to enhance its global influence in the sporting goods market [9] Food & Beverage - Starbucks opened its first intangible cultural heritage concept store in Guangdong, integrating local cultural elements into its brand experience [10] - JD 7Fresh Kitchen is expanding nationwide, focusing on quality dining with transparency in operations and addressing industry pain points [11] - Tiki Easy Coffee has surpassed 1,800 stores, marking its growth as a leading travel coffee brand in China [12] - Starbucks China reported an 11% revenue growth in the December quarter, with same-store sales increasing for three consecutive quarters [13] Miscellaneous - Pop Mart has launched Pop Bakery, venturing into the dessert market and expanding its product offerings beyond toys [14] - IKEA has entered the instant retail market by launching services on JD NOW, covering multiple cities and offering promotional discounts [15] Market Overview - The China Chain Store and Franchise Association (CCFA) reported that over 60% of convenience store operators experienced year-on-year sales growth in 2025, although the growth rate has slowed compared to previous years [16]

本报讯（记者 何蕊）本市首个校企共建的具身智能机器人定向班，将在今年春季学期开班。昨天，北 京科技职业大学和京东集团签约，启动具身智能机器人领域专业建设、课程开发、实习就业等合作。企 业将把具身智能机器人4S店"搬进"大学校园，引入机器人售后维修服务产业，定向培养高端技能人才， 满足产业高速发展新需求。 北职大机电工程学院院长黄敦华说，随着具身智能机器人产量不断提升，市场上对掌握机器人维修保 养、二次开发等技能的专业人才需求陡增，设立定向班的目的，就是为了让在校所学和产业所需无缝衔 接，学生毕业后就能直接上岗。他介绍，定向班为学生配备校内外"双导师"，动手实践课时占比超过 60%。 北职大校长王伟表示，该校将通过深化产教融合、校企合作，一体推进教育科技人才发展，力争培养出 更多适应市场需求的高端技能人才。 双方还将依托行业需求，优化专业设置与人才培养方案，开展师资队伍建设。企业选派技术骨干与专家 担任兼职教师，参与课程教学与实习指导，把行业最新技术和经验送进校园；高校教师将参与企业项目 研发，积累实践经验反哺教学。 "实训+生产"应用基地也将在北职大落户，将企业产品、订单、项目引入教学，既满足学生技能训练、 ...

Core Viewpoint - The article highlights the successful retirement life of a long-time JD Logistics courier, Jin Yicai, showcasing the benefits of the company's employment practices and the financial stability it provides to its employees [1][4]. Group 1: Employee Success Story - Jin Yicai, the first courier at JD Logistics in Wuxi, has a monthly pension of over 4,000 yuan and savings exceeding 1 million yuan, indicating a financially secure retirement [1][4]. - He successfully purchased a home in Wuxi within five years of joining the company, fulfilling the promise made by his supervisor [4]. - Jin Yicai's story reflects the positive impact of JD's employment policies, which include full labor contracts and comprehensive social insurance for all employees [4]. Group 2: Company Employment Practices - JD Logistics is noted for being the only company in the industry that does not use labor dispatch and signs formal labor contracts with all employees, including couriers [4]. - The company has consistently paid full social insurance for its employees, which contributes to higher operational costs compared to other logistics companies [4]. - As of now, thousands of frontline employees have retired from JD, indicating a stable workforce and successful employee retention strategy [4].